Nasdaq

Nasdaq reported total carbon emissions of approximately 87,088,000 kg CO2e in 2024. This includes Scope 1 emissions of 79,000 kg CO2e, Scope 2 emissions (market-based) of 229,000 kg CO2e, and Scope 3 emissions of 86,780,000 kg CO2e. This represents a decrease from 2023, where total emissions were about 107,844,000 kg CO2e.

Nasdaq has set Science Based Targets initiative (SBTi) validated targets, committing to net-zero greenhouse gas emissions across its value chain by 2050 from a 2021 base year. For near-term targets, Nasdaq commits to reduce absolute Scope 1 and Scope 2 GHG emissions by 100% by 2030 from a 2021 base year, and to reduce absolute Scope 3 GHG emissions by 50% by 2030 from a 2021 base year. The company also aims to maintain a minimum of 100% absolute Scope 1 and Scope 2 GHG emissions reductions from 2030 through 2050 from a 2021 base year, and to reduce absolute Scope 3 GHG emissions by 95% by 2050 from a 2021 base year. Additionally, Nasdaq aims to source 100% renewable electricity annually through 2030 and commits that 70% of its suppliers by spend (covering purchased goods and services and capital goods) will set science-based targets by 2027. Some targets are also reported with a 2022 or 2023 base year, for instance, a 90% reduction in absolute Scope 1 and Scope 2 GHG emissions by 2032 from a 2023 base year, as well as a 50% reduction in absolute Scope 3 GHG emissions by 2032 from a 2023 base year.